Mexico’s recent expansion of its ban on U.S. poultry after authorities confirmed a case of bird flu in Arkansas is the latest blow to exporters whose containerized shipments have steadily fallen since China and South Korea imposed their own bans months ago.

Hyundai Merchant Marine announced that the private equity unit of Japanese financial services group Orix Corp has been selected as the preferred bidder for its controlling stake in affiliated stockbroking firm Hyundai Securities.